Ashoka Buildcon Limited · NSE:ASHOKA
Ashoka Buildcon — Q1 FY2022 Earnings Presentation
17 slides from Ashoka Buildcon's earnings presentation, Aug 11, 2021
Slide 1: Cover letter to BSE and NSE
ASHOK1 Ashoka Buildcon Limited To, To, The Manager, The Manager, The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbal —400 001 Bandra (East), Mumbai —400 051
Slide 2: Result Update Presentation Q1FY22
Developing Infrastructure for Better Tomorrow | | | RESULT UPDATE PRESENTATION | Q1FY22
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ashoka Buildcon Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Standalone Profitability Highlights
Standalone Profitability Highlights Rs mn Q1 FY22 Q1 FY21 Y-o-Y(%) Q4 FY21 Q-o-Q(%) Total Income from Operations 10,114 5,724 13,870 Other Income 472 483 466 Revenue 10,586 6,207 70.5% 14,336 -26.2% Operating Expenses 8,915 4,905 11,857 EBITDA 1,671 1,302 28.4% 2,478 -32.6% EBITDA margin 15.8% 21.0%
Slide 5: Consolidated Profitability Highlights
Consolidated Profitability Highlights Rs mn Q1 FY22 Q1 FY21 Y-o-Y(%) Q4 FY21 Q-o-Q(%) Total Income from Operations 12,832 7,613 17,356 Other Income 270 312 447 Revenue 13,101 7,925 65.3% 17,802 -26.4% Operating Expenses 8,863 5,141 12,557 EBITDA 4,238 2,784 52.2% 5,245 -19.2% EBITDA margin 32.3% 35.
Slide 6: Debt Profile as of June 2021
Debt Profile as of June 2021 Consolidated Debt (Rs. Mn) Consolidated Cash & Bank Balance (Rs. Mn) Standalone Cash & Bank Balance Project Debt incl. ACL NCD Standalone Debt 6,207 5,670 5,410 59,757 61,569 62,414 3,496 3,623 5,263 56,261 57,946 57,151 687 972 457 Dec'20 Mar'21 Jun'21 Dec'20 Mar'21 Jun
Slide 7: EPC Business Highlights
ASHGKA EPC BUSINESS HIGHLIGHTS
Slide 8: EPC order backlog of Rs.94.7 bn, 2.4x FY21 Revenue
EPC order backlog of Rs.94.7 bn, 2.4x FY21 Revenue Order backlog of Rs. 94.7 bn as on 30th June 2021 Segment Rs. Mn Segment Rs. Mn Roads 61,331 Others 33,392 HAM 31,351 Power T&D & Others 13,169 HAM: Tumkur-ShivamogaIV, Karnataka 8,927 Bihar 1,972 HAM: Tumkur - Shivamoga II, Karnataka 4,650 Uttar Pr
Slide 9: Order Book- Break-up
Order Book- Break-up 93,000 94,723 0.7% 13.0% 91,515 86,168 81,669 7.6% 33.1% 13.9% 31.7% Jun'20 Sep'20 Dec'20 Mar'21 Jun'21# Road HAM Road EPC Power T&D & Others Railways CGD EPC Buildings Figures in Rs Mn #Excludes Zodaic Helotronics & IRCON International EPC Project 8
Slide 10: HAM Project Portfolio - Status
HAM Project Portfolio - Status Estimated Equity % Stake Estimated Annuity Equity Grant Invested Total Debt Projects Status TPC Grant Received (ACL/ABL) (including Debt Received* (including Drawn* (Annuity+int) PIM) PIM)* Kharar-Ludhiana 100% COD(P) 14,500 6,400 2,100 6,000 6,113 2,106 5,680 1,149 Ra
Slide 11: EPC business financial performance
EPC business financial performance Figures in Rs Mn Revenue# EBITDA and EBITDA Margin 15% 16% 18% 18% 16% 39,363 40,824 40,096 7,306 7,116 6,309 25,461 3,912 10,586 1,671 FY18 FY19 FY20 FY21 Q1FY22 FY18 FY19 FY20 FY21 Q1FY22 PAT and PAT Margin Order Book 9% 7% 9% 10% 10% 94,723 83,940 83,792 81,669
Slide 12: Development Business
ASHGKA DEVELOPMENT BUSINESS
Slide 13: Gross toll collection
Gross toll collection Rs mn Q1 FY22 Q1 FY21* Y-o-Y(%) Q4 FY21 Q-o-Q(%) ACL BOT Projects Belgaum Dharwad 189.5 117.6 61.1% 293.0 -35.3% Dhankuni - Kharagpur 849.1 536.2 58.4% 1,042.7 -18.6% Bhandara 168.0 117.2 43.4% 217.1 -22.6% Durg 192.5 130.6 47.4% 242.7 -20.7% Jaora - Nayagaon 368.3 225.3 63.5%
Slide 14: Toll collection: ACL projects
Toll collection: ACL projects Company Ashoka Belgaum Dharwad Tollway Ltd. Company Ashoka Dhankuni Karagpur Tollway Ltd. Project Belgaum Dharwad Project Project Dhankuni Karagpur Project Period 2019-20 2020-21 2021-22 % rise Period 2019-20 2020-21 2021-22 % rise April-June 236.8 117.6 189.5 61.1% Apr
Slide 15: Toll collection: ACL projects
Toll collection: ACL projects Company Jaora - Nayagaon Toll Road Company Pvt Ltd. Project Jaora – Nayagaon Road Project Period 2019-20 2020-21 2021-22 % rise April-June 459.8 225.3 368.3 63.5% July-Sept 432.4 424.4 - - Oct-Dec 438.6 448.9 - - Jan-Mar 423.5 455.1 - - 1,754.3 1,553.6 368.3 - Ashoka Sa
Slide 16: Toll collection: ABL owned projects
Toll collection: ABL owned projects Company Abhijeet Ashoka Infrastructure Pvt. Ltd. Ashoka DSC Katni Bypass Road Ltd. Project Wainganga Bridge Katni Road Project Period 2019-20 2020-21 2021-22 % rise 2019-20 2020-21 2021-22 % rise April-June 76.5 48.7 75.4 54.7% 59.9 46.6 57.0 22.2% July-Sept 72.4
Slide 17: For further information, please contact
FOR FURTHER INFORMATION, PLEASE CONTACT: Ashoka Buildcon Limited Mr. Paresh Mehta paresh.mehta@ashokabuildcon.com CIN : L45200MH1993PLC071970 S. No. 861, Ashoka House, Ashoka Marg, Nashik - 422 011 Tel. No. 0253 - 6633705 www.ashokabuildcon.com Stellar IR Advisors Pvt. Ltd. Mr. Gaurang Vasani / Ms.